‘The company last year took a conscious call not to grow the corporate side of the book.’ Housing finance company (HFC) PNB Housing is planning to focus on reducing delinquencies in 2023-24. Its managing director & chief executive officer Girish Kousgi tells Nikesh Singh in a conversation in New Delhi that he sees a huge opportunity for the company in […]

OpenAI CEO, Sam Altman, dismissed possibilities that the company might leave the European Union due to non-compliance with strict AI regulations. This response followed a rebuke from a senior official, who pointed out that Altman’s previous comments about the potential for an exit should be seen as blackmail. Altman is currently undertaking a global tour across Europe to engage with […]

European stocks rose on Friday to extend gains from the previous session as investors shrugged off hawkish rhetoric from Fed speakers and remained hopeful that the U.S. will avert a catastrophic debt default. In economic releases, Germany’s producer prices posted their slowest annual growth in two years in April, Destatis reported earlier today. Producer prices registered an annual growth of […]

Lionsgate CFO Jimmy Barge said the company will see little to no financial impact from a three-month WGA strike – about how long the guild’s last work stoppage lasted — and that it hasn’t factored prolonged labor action into its guidance. A strong content pipeline and large library makes the business pretty resilient, he told analysts Thursday. Asked if Lionsgate […]

EXCLUSIVE: Laika has named two executives to its expanding live-action division, with Jeremy Kipp Walker joining the company as Executive Vice President of Live-Action Production and Chaz Salembier taking on the role of Creative Vice President, Live-Action Film.  Related Story MGM+ Names Josh McIvor As Global General Manager Effective immediately, both executives will report to Matt Levin, who joined Laika […]

Adrienne Warren, who portrayed Tina Turner in in the Broadway musical Tina — The Tina Turner Musical, is paying tribute to the legendary Queen of Rock n’ Roll. Warren posted a video on Instagram of the two meeting after Warren had been cast in the role. Warren thanked Turner, telling her “If it weren’t for you I would never have […]

Angela Bassett received her first Oscar nomination for her portrayal of Tina Turner in the iconic 1993 biopic What’s Love Got To Do With It? Bassett today remembered the legendary Queen of Rock ‘n Roll who died today at the age of 83. “How do we say farewell to a woman who owned her pain and trauma and used it […]

President Joe Biden will cut short his Asia-Pacific trip and fly home by the weeeknd to focus on talks with Congressional leaders to avert a US default over the debt ceiling crisis. “President Biden will return to the United States on Sunday, following the completion of the G7 summit, in order to be back for meetings with Congressional leaders to […]

President Joe Biden has vetoed House Resolution 39 to overturn a two-year moratorium on solar tariffs from Southeast Asia. Waiving the moratorium on solar tariffs imposed on equipment produced in Cambodia, Malaysia, Thailand and Vietnam would have jeopardized the momentum the U.S. solar industry is building, Biden said in a stataement explaining his decision to veto the resolution. Biden said […]

U.S. stocks closed lower Tuesday on fears of a debt-ceiling impasse that could lead the nation into recession. The Dow fell 230 points, reversing earlier gains. Other indexes lost ground too with the S&P 500 dipping by 1.12%, the Nasdaq by 1.26% and the Russell 2000 by 0.43%. President Joe Biden and House leader Kevin McCarthy met yesterday afternoon and […]